Stanley Black & Decker Reports 2Q 2014 Results

Stanley Black & Decker announced second quarter 2014 financial results. 2Q’14 Revenues Up 1% To $2.9 Billion. Gross Margin Expanded 130 Basis Points; Excluding Charges Gross Margin Expanded 100 Basis Points To 36.5%. Operating Margin Expanded 200 Basis Points To 13.5%; Excluding Charges Operating Margin Expanded 110 Basis Points To 13.7%. 2Q’14 Diluted GAAP EPS Was $1.37; Excluding Charges, 2Q’14 Diluted EPS Was $1.43.